Six months after rolling out new collection rules requiring collectors to - among several measures - produce loan documents or a court judgment upon request, New York regulators on Tuesday released more guidance.

Valley National Bancorp in Wayne, N.J., is planning to issue a combined $200 million in preferred stock and debt.

Steve Apodaca, who recently joined the American Bankers Association, hopes to help farmers navigate falling commodity prices, compete against the Farm Credit System and find ways to lend on new farming technology.

Six regional banks have reported their stress-test results under Dodd-Frank for the first time, projecting Tier 1 common equity ratios ranging from 8.04% to 11.4% after an economic shock. However, several also projected multimillion-dollar losses during the stressful period.

First Reliance Bancshares in Florence, S.C., is again current on its dividends tied to the Troubled Asset Relief Program.

Some argue that nonbank mortgage lenders' rising market share poses a risk to the financial system. But this belief arises from an inaccurate understanding of what is in fact a well-regulated sector.

The Treasury Department's Community Development Financial Institutions Fund has allocated more than $3.5 billion in tax credit awards for low-income urban and rural communities.

Mechanics Bank in Walnut Creek, Calif., shook up its top leadership post following its sale to a Dallas investment group.

WASHINGTON — The Federal Deposit Insurance Corp. unveiled a proposal Tuesday that would change the calculus used in determining assessment fees for small banks, resulting in most of those institutions paying less in premiums.

The decline in foreclosures and short sales is one of the best signs of how much progress the housing recovery has made. But it's also contributing to a dearth of housing inventory that's constricting the market.

Borrowers who signed up for home equity lines of credit during the real estate price surge were 30 or more days late on $1.8 billion in outstanding balances four months after principal payments began, according to credit reporting firm Equifax.

The Federal Trade Commission and the New York Attorney General’s office gave presentations on collection issues, existing laws and the enforcement of fair practices.

The $410 billion-asset company won the 20-year naming rights for the Minnesota Vikings' new football stadium in downtown Minneapolis.

Bank of Mingo in Williamson, W.Va., will pay a total of $4.5 million in fines and legal settlements after it was investigated for violating anti-money-laundering laws.

The $18.7 billion-asset company said in a press release Monday that Eric Yeaman will also become its chief operating office on June 22.

Revere Bank in Laurel, Md., has raised $15.5 million through a private placement of its common stock. The $717 million-asset bank sold 1 million shares at $15.50 per share.

The decline in foreclosures and short sales is contributing to the dearth of housing inventory, complicating the prospects for home buyers feeling the pinch of tight credit and lenders that need purchase mortgages to supplant refinancing once interest rates rise.

Equifax Inc. announced Monday that it’s working with Credit Builders Alliance to help Americans who are considered to be “credit invisible.”

As marketplace lenders, robo-advisers and other startups nibble away at the profitable, customer-facing parts of banking, executives at last week's Digital Banking Summit discussed how banks can defend against "unbundling."

California Gov. Jerry Brown violated state law by diverting more than $331 million in mortgage settlement funds for uses unrelated to housing, a Superior Court judge ruled.